Today, Congresswoman Laura Richardson released the following statement on the $6 Million Strong Cities, Strong Communities Visioning Challenge (SC2) launched by the Department of Commerce's Economic Development Administration:
"The $6 Million Strong Cities, Strong Communities Visioning Challenge by the Department of Commerce's Economic Development Administration is the perfect opportunity for the economically distressed cities to leverage innovative strategies to drive local economic and employment growth. The cities in the 37th Congressional District of California will benefit from this opportunity and I strongly urge the participation of the eligible cities."
The goal of SC2 is to advance economic development planning in cities and regions by generating innovative ideas, strategies, and perspectives through funding. The SC2 will select six cities through a competitive application process to provide funds, technology, and training to conduct a Challenge Competition. Each city will then be awarded up to $1 Million.
There are two phases to each Challenge Competition: first phase, cities will invite teams of professionals to submit economic development strategies proposals; second phase, teams will compete to develop a comprehensive economic development plan for the city.
Under the SC2 rules, an eligible applicant is a city with a population of 100,000 or more persons residing within their official municipal boundaries as of the 2010 Census and meets one or more of the following criteria as a measure for economic distress:
An unemployment rate that is, for the most recent twenty four month period for which data are available, at least one percentage point greater than the national average unemployment rate;
Per capita income that is, for the most recent period for which data are available, 80 percent or less of the national average per capita income; or
Meets one of EDA's Special Need eligibility criteria (as defined in 13 C.F.R. § 301.3).